Chapter 423 Oregon Laws 2005

AN ACT

HB 5100

Relating to state financial administration; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. Notwithstanding any other law limiting expenditures, the amount of $17,928,322 is established for the biennium beginning July 1, 2005, as the maximum limit for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the State Department of Energy.

SECTION 2. For the biennium beginning July 1, 2005, expenditures by the State Department of Energy for loans for small scale energy loan projects and expenditures by the department for debt service are not limited.

SECTION 3. Notwithstanding any other law limiting expenditures, the amount of $5,433,356 is established for the biennium beginning July 1, 2005, as the maximum limit for payment of expenses from federal funds collected or received by the State Department of Energy.

SECTION 4. This 2005 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2005 Act takes effect July 1, 2005.

Approved by the Governor June 29, 2005

Filed in the office of Secretary of State June 30, 2005

Effective date July 1, 2005

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